Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Prior to this assignment, Commodore Madhavarao served as Executive Director (Marketing) in the PSU

A Madhavarao takes charge as Director (Technical) of Bharat Dynamics Limited

Margins for state-owned firm that specialises in missiles would be range bound given higher raw material costs

Defence procurement, pipeline offer strong growth for Bharat Dynamics

Defence stock Bharat Dynamics has outperformed by giving multibagger return of more than 111% in 2022

Can this multibagger defence stock continue its rally in 2023?

A correction in the Bharat Dynamics stock may provide a good entry for the long term, Elara said, adding that it remains optimistic on the defence indigenisation story, led by the unexplored exports market in the missile space

Can multibagger Bharat Dynamics deliver in 2023? This brokerage sees 27% upside ahead

Data shows that as many as six public state-owned companies rallied more than 100 per cent on a year-to-date (YTD) basis till December 2, while 23 firms advanced somewhere between 27 per cent and 90 per cent

Mazagon Dock, Bharat Dynamics, BoB and other PSUs rallied over 100% in 2022. Here’s what to buy

ICICI Direct is bullish on Bharat Dynamics recommended buy rating on the stock with a target price of Rs 1200 in its research report dated November 13, 2022.

Buy Bharat Dynamics; target of Rs 1200: ICICI Direct

On standalone basis, Bharat Dynamics net profit surged 75.28% to Rs 75.81 crore on 8.74% jump in revenue from operations to Rs 529.06 crore in Q2 FY23 over Q2 FY22.

Bharat Dynamics Q2 PAT surges 75% YoY to Rs 76 cr

ONGC, Grasim, IRCTC, Bharat Forge, Biocon, Abbott India, Balkrishna Industries, NMDC, Aarti Industries, AIA Engineering, GMR Infra, Godrej Industries and Radico Khaitan are among the companies that will announce their results for September 2022 quarter today.

Stocks in the news: LIC, Godrej Properties, ONGC, Fortis, Bharat Dynamics and ZEEL

PTC Industries Limited and BDL inked the MoU to explore mutual co-operation and business development.

PTC Industries inks pact with Bharat Dynamics; Stock climbs 1.5%

Aditya Birla Fashion, Bank of Baroda, Bharat Dynamics, CMS Info Systems, Devyani International, HCL Tech, IDFC First Bank, Praj Industries, Redington, SRF, Zydus Wellness top stocks for this Diwali by Way2Wealth.

Diwali 2022: HCL Tech, BoB, Praj Industries, SRF among top Muhurat picks of Way2wealth

Anti-tank guided missile Sangramika and armoured vehicle-mounted laser-guided short range anti-aircraft weapon Sanharika to be used by defence forces

Bharat Dynamics Ltd

Bharat Dynamics Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

A Madhavarao takes charge as Director (Technical) of Bharat Dynamics Limited

Defence procurement, pipeline offer strong growth for Bharat Dynamics

Can this multibagger defence stock continue its rally in 2023?

Can multibagger Bharat Dynamics deliver in 2023? This brokerage sees 27% upside ahead

Mazagon Dock, Bharat Dynamics, BoB and other PSUs rallied over 100% in 2022. Here’s what to buy

Buy Bharat Dynamics; target of Rs 1200: ICICI Direct

Bharat Dynamics Q2 PAT surges 75% YoY to Rs 76 cr

Bharat Dynamics Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

A Madhavarao takes charge as Director (Technical) of Bharat Dynamics Limited

Defence procurement, pipeline offer strong growth for Bharat Dynamics

Can this multibagger defence stock continue its rally in 2023?

Can multibagger Bharat Dynamics deliver in 2023? This brokerage sees 27% upside ahead

Mazagon Dock, Bharat Dynamics, BoB and other PSUs rallied over 100% in 2022. Here’s what to buy

Buy Bharat Dynamics; target of Rs 1200: ICICI Direct

Bharat Dynamics Q2 PAT surges 75% YoY to Rs 76 cr

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock